Answer:
Compensate for the risk
Explanation:
In the context of the scenario given , risk is defined as a form of exposure to a potential dangerous situation.
It is necessary for any person organization facing a risky situation to look for ways of minimizing or avoiding the risk in order to reduce related losses. Risks can be avoided through transfer , rejection , delayed action and compensating the risk,
The method of risk aversion described in the scenario is to compensate the risk.
Compensating the risk is a risk control method of using an alternative means to achieve a particular purpose in order to avoid the related risks to using the initial method.
All parties in the chain of distribution of a defective product are strictly liable for the injuries caused by that product.
Chain of distribution refers to everyone involved in a transaction of a product from the beginning stages to the end when the consumer has the product. Strict liability is a doctrine that states all parties in the chain of distribution of a defective product are liable for the damages caused by it.
Answer:
Option E is the correct answer
5300$ is the correct answer.
Explanation:
Credit Sales = $800000
Uncollectible net sales = $800000*0.6% = $4800
Hence, balance in Allowance for uncollectible accounts after adjustment should be $4800 credit
Balance already in the account = $500 debit
Hence, adjustment required is $5300 credit
Transactional leadership
Transactional leadership is a
leadership style that deals with the function of supervision, organization, and
employee’s performance to achieve high job performance. Leaders who carryout this
style focuses on specific tasks and use rewards and punishments to motivate followers.
